Blog Post

Jun 10, 2021

Development finance in Sub-Saharan Africa: The Chinese model

By Amin Mohseni-Cheraghlou

In recent years Chinese investment in Sub-Saharan Africa has outpaced distributions by the World Bank Group by more than $20 billion USD. These investments have been focused in energy, transport, metals, and real estate imply a modern bartering system is at play where developing countries in these regions pay for Chinese investment and construction in their economies through guaranteed long-term supply of hydrocarbons, agriproducts, or minerals.

Africa China

Blog Post

Jun 8, 2021

The growing global alignment in regulating Chinese trade and investment

By John Kabealo

The rapid revisions to US FDI and trade policy and the fast momentum the United States has helped to create in its diplomatic efforts reflect a near uniform consensus in the United States, and a growing consensus among our allies, that cross-border trade and investment are squarely issues of national security. Traditional US transatlantic allies appear to be serving US interests, and other countries with complex relations with China are adopting FDI screening processes that mimic CFIUS. The numerous efforts to revise statutory and regulatory regimes are an unmistakable signal that the view of China as a rival, and indeed a threat, to the established global order, is both widespread and likely to endure.

China Defense Technologies

TradeWorld

Jun 1, 2021

Transatlantic tariffs, national security, and geopolitical priorities

By Barbara C. Matthews

The United States and the European Union announced this week the initiation of a negotiation process aimed at eliminating US tariffs on steel and aluminum imports from Europe by the end of the year. The move reflects the promised rapprochement between the Biden/Harris administration and European allies, assuaging European irritation at having the metal industry […]

Brazil European Union

In the News

May 30, 2021

Busch in The Hill: Uncorking Canada’s import measures on wine

By Marc L. Busch

Marc Busch writes that an EU-Canada dispute over wine is emblematic of the challenges that undermining preferential trade agreements pose to the WTO.

Economy & Business Europe & Eurasia

New Atlanticist

May 27, 2021

Banning Bitcoin is a bad idea

By JP Schnapper-Casteras

There are numerous debates raging about whether Bitcoin is good, bad, or ugly. But the sweeping suggestion to outlaw Bitcoin raises troubling questions about Americans’ bedrock freedoms.

Cybersecurity Digital Currencies

Blog Post

May 21, 2021

The mythology of a rising Asia…and how America can make a difference

By Vasuki Shastry

The mythology of a rising Asia is not entirely accurate. This is because much of the regional economic growth has been accompanied by worsening social outcomes. However, as the Biden administration asserts a renewed US focus on the region, these worsening social outcomes provide a strong opportunity for engagement.

China East Asia

New Atlanticist

May 20, 2021

Why India’s COVID-19 crisis could spell global economic catastrophe

By Nitya Biyani

India was projected to lead a surge in emerging-market growth this year. How much will its second-wave crisis impact the global economy?

Coronavirus Economy & Business

In the News

May 15, 2021

Busch in The Hill: Biden’s support of the TRIPs waiver gives new life to a false narrative

By Marc L. Busch

Marc Busch writes that President Biden’s support for an intellectual property for COVID-19 vaccines presents more risk than opportunity, and that real progress will come from revamping the WTO’s pharmaceutical agreement.

Coronavirus Economy & Business

Blog Post

May 14, 2021

Let’s talk about informality!

By Amin Mohseni-Cheraghlou

The US economy added 266,000 jobs in April, well below experts’ forecasts of one million jobs. April numbers suggest that there were about 1.1 people unemployed for every job opening in the economy, pointing to a shortage story in labor supply.

Future of Work Inclusive Growth

EconoGraphics

May 14, 2021

Global Sanctions Dashboard: April

By Julia Friedlander, Michael Albanese and Castellum.AI

UN sanctions, UK’s new anti-corruption authority, the Kremlin’s use of sanctions as a law enforcement mechanism.

Economic Sanctions European Union